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To: jjs_ynot who wrote (9320)8/24/1999 10:29:00 PM
From: micny  Read Replies (3) | Respond to of 20297
 
"Such service had been proposed in March 1998, but some in the banking industry complained there wasn't enough guidance on what services could be converted."

A typical banking industry response, instead of grabbing the bull by the horns and running with it, they complain that they need more regulations! They'll then talk out of the other side of their mouth and complain that they're hindered by over-regulation!

If you painted a line on the sidewalk, they'd trip on it.